Wind tariff is likely to come in between Rs 4 and Rs 4.5 per unit -- below the average of around Rs 5 -- in the auction being conducted by SECI to set up 1,000 MW capacities for supply of power to non-windy states.
The power station is designed to generate 1,963 million units in a 90 percent dependable year. The plant was fully commissioned in 2014.
The record generation of 733.12 million units from NTPC's 18 coal-based power plants, 7 gas-based units and 8 solar and hydro power stations, was achieved on August 27, the company said in a statement.
Aiming to make the country self- sufficient, Prime Minister Narendra Modi on Saturday called for tetrad revolutions of green, saffron, white and blue to boost production in agriculture, power, dairy and fishery sector.
Tuticorin TPS has been set up by NLC Tamil Nadu Power Limited (NTPL), a joint venture of Neyveli Lignite Corporation (NLC) and Tamil Nadu Generation and Distribution Corporation (TANGEDCO).
BHEL has also commissioned two boilers of 800 MW each during the year. In addition, sets with a cumulative of 2,000 MW have been synchronised and are ready for capacity addition.
The company has signed a Memorandum of Understanding (MoU) in this regard with the central government. As per the MoU, NTPC shall generate 246 billion units (BU) during the financial year (2015-16).
In an interview to CNBC-TV18, Aashish Tater, head of Research, Fortunewizard.com picked Indiabulls Power and Anant Raj Industries as his multibaggers.
The bidding norms for ultra mega power plants, has run into fresh hurdle with lenders. Banks have written to the power ministry expressing their concerns over proposed provision which they say will disincentivise lenders from investing in the power sector, reports Sumit Jha of CNBC-TV18.
Essar Energy has signed a power purchase agreement (PPA) with the Bihar State Electricity Board (BSEB) for 300 megawatts of contracted capacity from its 1,200MW coal-fired Tori I power station which is under construction in Jharkhand state.